# PPP loan: CLASSIC BUSINESS PRODUCTS INC
> **$463K** approved 01/29/2021 · Paid in Full · Loan `8430988303`
## Borrower
- **Name:** CLASSIC BUSINESS PRODUCTS INC
- **Address:** 7828 Highway 182 E, Morgan City, LA, 70380-2464
- **NAICS:** 532420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $463K
- **Initial approval:** $463K
- **Forgiven:** $466K (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $463K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Patterson State Bank
- **Servicing:** Patterson State Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*